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Pagcor GGR up 24pct y-o-y in 2023, to US$351mln. Mar 21, 2024 Newsdesk .

Macau March GGR up 5.5pct m-o-m, to US$2.4bln. Casino gross gaming .Jeju Shinhwa operator logs US$67mln loss for 2023. Mar 28, 2024 Newsdesk Latest .

Taiwan firm eyes Europe slot market via Palasino stake. Mar 26, 2024 Newsdesk .Technical sales, services boost Asia Pioneer revenue in 2023. Mar 27, 2024 .Jackpot Digital poker eyes Asia markets via Jade Ent. Mar 27, 2024 Newsdesk .NBA aspirant Kai Sotto now 1xBet brand ambassador in Asia. Feb 28, 2024 .Mar 18, 2024 Newsdesk Latest News, Rest of Asia, Singapore, Top of the deck . .What: GGRAsia, a business-to-business website and newsletter for the Asian gaming industry. When: Launched in May, 2014. Where: Macau-based office, and a permanent .

Macau airport 1Q pax volume rebounded to 75pct of 1Q 2019. Mar 28, 2024 Newsdesk Latest News, Macau, Top of the deck . Macau International Airport (pictured), the city’s . 12 talking about this. GGRAsia.com is a new website and newsletter about the Asian casino industry

GEN Singapore 2023 rev up 40pct, profit tops US$456mln. Casino operator Genting Singapore Ltd posted annual net profit of nearly SGD611.6 million (US$456.0 . Major industry news in 2023 was the announcement by the national gambling regulator, the Philippine Amusement and Gaming Corp (Pagcor), that it planned to sell . Wynn Macau Ltd US$600mln bond offer, says Jan-Feb strong http:// dlvr.it/SkH7dl

Industry consultant Mr Lee told GGRAsia: “Talking to various stakeholders, we [estimate] that these illegal [currency exchange] transactions account for somewhere between 50 percent to 60 percent” of annual gross gaming revenue (GGR). This was based on “the sheer number of touts in the casinos, and chats with casino hosts,” he added. Singapore FY2022-23 casino-levy take above pre-Covid. The aggregate amount of money raised in the fiscal year to March 31 from those required to pay Singapore’s casino entry levy, surpassed pre-Covid-19 fiscal years, according to the Singapore Totalisator Board, the body responsible for collecting it. The actual amounts . Ben Lee, managing partner of IGamiX Management and Consulting Ltd, told GGRAsia: “2023 was the year of the ‘Great Recovery.’. “We went from structural zero” revenue-wise “at the beginning of the year, and are likely to end the year at approximately 62 percent of 2019” level for GGR, he added. Mr Lee also noted: “The year was . Macau daily CNY GGR likely a 4 year high: analysts. The Macau casino market’s daily run-rate for gross gaming revenue (GGR) for part of Chinese New Year (CNY) “likely hit the MOP1 billion-plus [US$124.1-million] mark for the first time in over four years,” said JP Morgan Securities (Asia Pacific) Ltd in a Monday note. “An apples-to .

Malaysia’s only casino complex, Resorts World Genting (pictured), says its Circus Palace and Hollywood gaming zones “will be closed” with effect from Wednesday (February 28). An announcement on its website stated: “Please proceed to SkyCasino for gaming.”. It didn’t mention the reason for the closures, or the duration of the shuttering. NagaCorp 1Q GGR up 24pct y-o-y, EBITDA tops US$80mln. First-quarter casino gross gaming revenue (GGR) at Cambodia operator NagaCorp Ltd rose by 23.7 percent year-on-year, to nearly US$145.4 million, according to a non-statutory filing on its quarterly results made to the Hong Kong Stock Exchange on Wednesday. The firm .

Thailand could pass the necessary enabling legislation for casino resorts in as early as the next 12 months, and at least one resort could open as soon as 2030, suggests Udorn Olsson, a former MP from that nation and adviser to a Thailand parliamentary committee mulling the legalisation of casino business. He was speaking in .

12 talking about this. GGRAsia.com is a new website and newsletter about the Asian casino industry Macau’s casino gross gaming revenue (GGR) for the first 10 days of December was estimated at MOP5.2 billion (US$646.6 million), or circa MOP520 million a day, said JP Morgan Securities (Asia Pacific) Ltd in .ggr asia ggrasia com Macau March GGR up 5.5pct m-o-m, to US$2.4bln. Casino gross gaming revenue (GGR) in Macau rose by 5.5 percent month-on-month in March to just above MOP19.50 billion (US$2.42 billion), according to data released on Monday by the city’s Gaming Inspection and Coordination Bureau. The result was 53.1-percent higher .Osaka city entry tax idea gets mixed reviews from experts. Mar 15, 2024 Newsdesk Japan, Latest News, Top of the deck . If the Japanese metropolis of Osaka (pictured) can create a city-entry tax scheme applicable to foreigners that is “logical” and doesn’t conflict with existing legal frameworks, then the. NagaCorp’s GGR for full-year 2023 was US$514.8 million, with 65.4 percent of it booked to mass gaming operations. The 2023 GGR reached only 29.9 percent of 2019’s US$1.72-billion. In the latter year, 72.3 percent of NagaCorp’s GGR came via the VIP market. The group said in Tuesday’s update, it might scale down the cost and size of the . Macau 2024 GGR to reach 82 pct of 2019 level: CLSA. Macau’s gaming sector could see casino gross gaming revenue (GGR) reach HKD228.1 billion or US$29.2 billion in 2024, a tally that would represent close to 30 percent year-on-year growth, says Jeffrey Kiang, an analyst at brokerage CLSA Ltd, in comments to GGRAsia. It would . A Macau court has sentenced Alvin Chau Cheok Wa (pictured in a file photo), former boss of now-defunct Macau casino junket Suncity Group Ltd, to 18 years in prison in aggregate. The sentence was read out on Wednesday (January 18) at the city’s Court of First Instance by the presiding judge, Lou Ieng Ha. Macau’s Public Prosecutions .ggrasia com Members of Macau’s Legislative Assembly approved on Tuesday, via a second-reading debate and final vote at a plenary meeting (pictured), a government-backed bill to revise the city’s gaming law. The amendments to the gaming law were approved by the 32 legislators present at the meeting, during more than two hours of debate. Alejandro Tengco, chairman and chief executive of the Philippine gaming regulator, thinks the nation’s 2024 gross gaming revenue (GGR) – including non-casino operations - is likely to be PHP336.38 billion (US$6.03 billion). If realised, that would be a new GGR record for the country’s gaming industry, and would be up circa 17.9 percent . The chairman of Hong Kong-listed Cambodian casino operator NagaCorp Ltd has told GGRAsia the firm is “pleased” that a “a reasonable approach continues with the new law” on casino gaming in that country, with regard to taxation. “We are pleased the new gaming legislation has passed,” said Tim McNally, referring to a statute known as .

CBRE also quoted the SJM Holdings’ management as saying that the new centralised platform “has delivered a 29-percent increase in labour productivity compared to 2019”. SJM Holdings “expects the new initiative will improve company-wide margins by 2 percent to 5 percent,” stated the analysts. “On the revenue side, cross-selling .

Mandaue City is one of the highly urbanized cities in the Province of Cebu and part of the Cebu Metropolitan area. It is connected to Mactan Island by two bridges and is bounded by Cebu City in the south and west side. Although it looks fairly small in the map, locals know that Mandaue City is quite huge and covers different areas, .

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